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Kursi Road’s Commercial Boom: Best Plots for Office Spaces & Retail in 2025

Lucknow’s real estate landscape is evolving rapidly, and Kursi Road has emerged as one of the city’s most promising commercial corridors. With its strategic connectivity, upcoming infrastructure projects, and growing demand for office and retail spaces, Kursi Road is poised to become a magnet for businesses and investors by 2025. In this blog, we explore why this area is booming, the best plots for commercial ventures, and how you can capitalize on this growth.

Why Kursi Road is Lucknow’s Next Commercial Powerhouse

Kursi Road’s transformation from a residential suburb to a thriving commercial hub is driven by several factors:

1. Proximity to Key Infrastructure

The Lucknow-Agra Expressway and Shaheed Path provide seamless connectivity to major business districts like Gomti Nagar and Hazratganj, making it ideal for logistics and daily commutes.

 

2. Upcoming IT Parks

The Uttar Pradesh government’s focus on developing IT hubs near Kursi Road, including the proposed *Lucknow IT City* project, is attracting tech startups and IT giants.

 

3. Affordable Land Rates

 Compared to saturated areas like Gomti Nagar, land prices here are 20-30% lower, offering higher ROI potential for early investors.

 

4. Retail Demand

With residential projects like *Omaxe Greens* and *Sahara City* expanding, the need for retail outlets, cafes, and service centers is rising.

 

Top Commercial Plots for Office Spaces in Kursi Road (2025)

Here are the most sought-after locations for setting up offices or corporate hubs:

1. Sector 9, Kursi Road

  • Why Invest: Close to the Lucknow-Agra Expressway and proposed metro station.
  • Best For: IT companies, coworking spaces, and BPOs.
  • Price Trend: Plots here have appreciated by 12-15% annually since 2022. 

2. Near Biotech Park

  • Why Invest: Adjacent to the Biotech Park and upcoming MedTech zone, this area is ideal for healthcare, R&D, and pharma firms.
  • Key Projects: Trident Tech Park and Lucknow MediCity are expected to launch by mid-2025.

3. Shaheed Path Junction

  • Why Invest: High visibility and connectivity to Gomti Nagar and Airport.
  • Best For: Corporate offices, showrooms, and banks.

Best Plots for Retail & Hospitality Ventures

Retailers and hospitality businesses should focus on these high-footfall zones:

1. Opposite Phoenix United Mall

  • Why Invest: Located near one of Lucknow’s largest malls, this stretch is perfect for cafes, branded outlets, and entertainment centers.
  • Demand Drivers: Over 5,000 families reside within a 2 km radius.

2. Along Kursi Road Metro Station (Proposed)

  • Why Invest: The upcoming metro station (Phase 1B) will boost foot traffic by 40-50%.
  • Best For: Quick-service restaurants (QSRs), convenience stores, and pharmacies.

3. Near IIIT Lucknow

Why Invest: With 10,000+ students and faculty, this area lacks quality retail spaces.
Opportunities:
Bookstores, gadget shops, and budget eateries.

Investment Potential & Future Growth

According to a 2023 Knight Frank report, commercial property demand in Lucknow’s peripheral areas like Kursi Road is expected to grow by 18-20% annually till 2025.
Key drivers include:

  1. Government Policies: UP’s Warehousing and Logistics Policy 2022 is boosting industrial demand near Kursi Road.
  2. Infrastructure Push: The 4-lane widening of Kursi Road and new flyovers will reduce congestion by 2025.
  3. Rental Yields: Retail spaces here offer 7-8% rental yields, higher than the city average of 5-6%.

Challenges to Consider

  • Legal Checks: Verify land titles and ensure plots are free from disputes (use UP government’s Bhulekh portal).
  • Utility Access: Confirm water and electricity supply, as some areas still depend on borewells.
  • Competition: Rising interest may lead to price inflation by late 2025.

FAQs About Commercial Investment in Kursi Road

Q1. Are plots near Kursi Road Expressway legal for commercial use?

Yes, but ensure the land is designated for commercial purposes in the Lucknow Master Plan 2031.

Q2. What’s the price range for 1,000 sq. ft. commercial plots here?

Prices start at ₹25-30 lakh near residential zones and go up to ₹1.2 crore near the expressway.

Q3. Which sectors are driving demand in Kursi Road?

IT, healthcare, education, and logistics are the top sectors.

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